Himatsingka: Power of Patterns and Volume confirmation.


(1) Volume profile: Accumulation phase is running.. between 59.05 to 66.90 Levels And P.O.C. is standing at 62.70
(2) Rectangle Pattern range: 42.90 to 70
(3) Average high volume above trading.
(4) Previous swing high was 70
(5) RSI entered into overbought zone today i.e 22/06/2020. It indicates bulls are active.

Trade Set Up:
Bullish Breakout above 70
Target : 97.05
Stop Loss : 59 (Under P.O.C.)
Risk is yours and Reward is too yours totally.
Trade active
Comment: Last Trading Session It was made high 91.45
i.e. 30.64% Up from my suggested price to invest.

Now, One can book Partial Profit here at cmp 88
And Rest hold for Target
Trade closed: target reached: Target done... Book full profit. And Exit from capital and hold profit life time


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